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Author Question: Which of the following is not included in GDP calculations? a. the value of an accountant's ... (Read 25 times)

silviawilliams41

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on: Jun 30, 2018
Which of the following is not included in GDP calculations?
 a. the value of an accountant's services
 b. the value of 500 shares of Microsoft stock sold to an investor
 c. the value of high-definition television sets produced, but not sold, during the year
  d. the value of a haircut

Question 2

In the long run, increased consumption spending raises only the price level.
 a. True
  b. False
  Indicate whether the statement is true or false


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aburgess

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Reply #1 on: Jun 30, 2018
Answer to Question 1

b

Answer to Question 2

True


silviawilliams41

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  • Posts: 560
Reply 2 on: Jun 30, 2018
Excellent

carlsona147

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Reply 3 on: Yesterday
Great answer, keep it coming :)

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